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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Charles Street | LSE:CHC | London | Ordinary Share | GB00B06L6200 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.35 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCHC
RNS Number : 6442W
Charles Street Capital PLC
23 November 2010
Charles Street Capital plc / EPIC: CHC / Market: AIM
23 November 2010
Charles Street Capital plc ('Charles Street' or the 'Company')
Exercise of warrants and issue of equity
Charles Street Capital plc, the AIM listed natural resources investment company, announces that on 22 November 2010 David Zulman exercised warrants to acquire 2,476,325 ordinary shares of 0.1p each in the Company (the "Warrant Shares").
These warrants were issued pursuant to a warrant instrument dated 16 September 2010 issued by the Company (the "Warrant Instrument"). The exercise price for the Warrant Shares is 0.1p per Warrant Share and the aggregate subscription price for the Warrant Shares has been received by the Company. Pursuant to the terms of the Warrant Instrument, David Zulman no longer has any outstanding warrants to subscribe for ordinary shares of 0.1p each in the Company (the "Ordinary Shares").
Application will be made for the Warrant Shares, which will rank pari passu with the Company's existing Ordinary Shares in issue, to be admitted to trading on AIM. It is expected that admission will be effective and that dealings in the Warrant Shares will commence on 29 November 2010.
Following the issue of the Warrant Shares, the enlarged issued share capital of the Company will be 1,059,146,977 Ordinary Shares. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.
**ENDS**
For further information on the Company visit www.charlesstreetplc.com or contact: Nicholas Lee Charles Street Capital Tel: 0203 006 0260 plc Damian Conboy Charles Street Capital Tel: 0203 006 0260 plc Nick Naylor Allenby Capital Limited Tel: 0203 328 5656 Alex Price Allenby Capital Limited Tel: 0203 328 5656 Hugo de Salis St Brides Media & Finance Tel: 020 7236 1177 Ltd Elisabeth Cowell St Brides Media & Finance Tel: 020 7236 1177 Ltd
This information is provided by RNS
The company news service from the London Stock Exchange
END
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